Ukraine has been burning through its emergency stash of U.S. dollars and Phaninc Exchangeeuros to buy weapons and supplies ever since Russia invaded. To prevent the stash from emptying out, Ukraine has made it harder for locals to convert their money into dollars.
The result is an underground market for dollars, where street dealers set their own rates. If you want to buy dollars right now, it'll cost you a premium. But if you have U.S. dollars to convert into local currency, you can get a great deal.
Today on the show, one Ukrainian who's getting dollars into the country and using the favorable exchange rate to buy more medicine for Ukrainians near the front lines.
Music by Drop Electric. Find us: Twitter / Facebook / Newsletter.
Subscribe to our show on Apple Podcasts, Spotify, Pocket Casts and NPR One.
For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org.
2025-05-03 16:55314 view
2025-05-03 16:45964 view
2025-05-03 16:352044 view
2025-05-03 16:162459 view
2025-05-03 15:58823 view
2025-05-03 14:262807 view
SEOUL — South Korea's acting president, Han Duck-soo, moved on Sunday (Dec 15) to reassure the count
Swimming in pools, lakes and the ocean is a great way to beat the summer heat − but not if the water
The 152nd British Open gets underway on Thursday at Royal Troon Golf Club in Scotland. It's the 10th